NEW YORK : A U.S. appeals court in Manhattan on Wednesday said the exiled Chinese businessman Guo Wengui should remain in jail while he awaits trial over an alleged fraud that federal prosecutors have said exceeds $1 billion.The 2nd U.S. Circuit Court of Appeals said it did not have a 'definite and firm c
NEW YORK : A U.S. appeals court in Manhattan on Wednesday said the exiled Chinese businessman Guo Wengui should remain in jail while he awaits trial over an alleged fraud that federal prosecutors have said exceeds $1 billion.
Prosecutors have said Guo defrauded thousands of followers who invested in a media company, cryptocurrency and other ventures, and spent some proceeds on luxuries including a $37 million yacht, a $3.5 million Ferrari and a New Jersey mansion. In denying bail, U.S. District Judge Analisa Torres on April 20 said prosecutors had established that if released Guo would be a serious flight risk and pose a danger to the community, and that there was no assurance he would appear in court.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New Zealand says new Nato partnership to cover climate change, securityNew Zealand has been a Nato partner since 2012, but is not a member. Read more at straitstimes.com.
Read more »
Trump didn’t do enough to counter Chinese spying, Blinken saysBlinken also said efforts in recent years had slowed China’s ambitions. Read more at straitstimes.com.
Read more »
Trudeau mishandled alleged Chinese election meddling, poll findsMore than half of respondents gave the government low marks for its handling of the issue. Read more at straitstimes.com.
Read more »
Taiwan civil defence handbook includes tips on identifying Chinese soldiersTAIPEI: Taiwan's military released an updated civil defence handbook on Tuesday (Jun 13) that for the first time includes a section on how to tell the difference between Chinese and Taiwanese soldiers based on their uniforms, camouflage and insignia. Taiwan unveiled the handbook last year amid a rise in te
Read more »
Taiwan civil defence handbook includes tips on identifying Chinese soldiersThe Taiwanese soldiers are shown smiling, whereas the Chinese ones have downturned mouths and a severe expression. Read more at straitstimes.com.
Read more »
Chinese student from S'pore saved from Cambodian scammersA student from China, who was enrolled in an art college in Singapore, has been rescued from his kidnappers in Cambodia after falling for a government official impersonation scam. Law enforcement agencies from several countries, including Singapore, were involved in the...
Read more »